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Standard Uranium (Standard Uranium) Retained Earnings : $-5.72 Mil (As of Jan. 2024)


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What is Standard Uranium Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Standard Uranium's retained earnings for the quarter that ended in Jan. 2024 was $-5.72 Mil.

Standard Uranium's quarterly retained earnings increased from Jul. 2023 ($-5.90 Mil) to Oct. 2023 ($-5.41 Mil) but then declined from Oct. 2023 ($-5.41 Mil) to Jan. 2024 ($-5.72 Mil).

Standard Uranium's annual retained earnings declined from Apr. 2021 ($-2.75 Mil) to Apr. 2022 ($-4.52 Mil) and declined from Apr. 2022 ($-4.52 Mil) to Apr. 2023 ($-5.64 Mil).


Standard Uranium Retained Earnings Historical Data

The historical data trend for Standard Uranium's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Standard Uranium Retained Earnings Chart

Standard Uranium Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
Retained Earnings
-0.63 -0.93 -2.75 -4.52 -5.64

Standard Uranium Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.90 -5.64 -5.90 -5.41 -5.72

Standard Uranium Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Standard Uranium  (OTCPK:STTDD) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Standard Uranium (Standard Uranium) Business Description

Traded in Other Exchanges
Address
550 Denman Street, Suite 200, Vancouver, BC, CAN, V6G 3H1
Standard Uranium Ltd is a uranium exploration company with a focus on the world-class Athabasca Basin in Saskatchewan, Canada. Since its establishment, Standard Uranium has focused on the identification and exploration of Athabasca-style uranium targets with a view to discovery and future development. Standard Uranium's Atlantic, Canary, and Ascent Projects, in the northeast Athabasca Basin, comprise nine mineral claims over 13,215 hectares. The eastern basin projects are highly prospective for unconformity-related uranium deposits based on historical uranium occurrences, recently identified geophysical anomalies, and location along trend from several high-grade uranium discoveries.